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TREASURY


AL AHLI GULF FUND

Bahrain, KSA, Kuwait, Oman, Qatar, UAE.

Al Ahli Gulf Fund offers you an exciting and unique opportunity to invest in some of the world's fastest growing economies: the six countries of the GCC. The fund is managed by skilled teams of local professionals who have considerable knowledge and experience with large local financial institutions.

Fund name Al Ahli Gulf Fund
Fund objective To achieve capital growth investing in the shares of companies registered across the GCC Stock Exchange, realizing outstanding investment returns above the market average with an acceptable level of investment risk.
Fund manager Ahli Capital Investment Company K.S.C.C.
Investment Manager Ahli Capital Investment Company K.S.C.C. (Kuwait)
Sico ( Bahrain, Qatar, Saudi Arabia, Oman & UAE )
Custodians Kuwait Clearing Company
Management fees 1.25% annually
Incentive Fees 10% over 10% Profit Hurdle
Auditors Deloitte & Touche, Al Wazzan & Co.
Launch date 9 August 2003
Participation Open to all nationalities
Subscription / Redemption Monthly
Distribution of profits Min. 50% of annual NAV increase
Minimum subscription One thousand units
Unit valuation NAV of last day of the month
Performance +136.89% (since inception)
+9.61% (YTD 21)
+6.50% (MTD 21)
Net asset value KD 1.0245775 (As on 31-3-21)
Next dealing date 29-4-21


Dividends
Year Cash Bonus
2004 180 fils -
2005 222 fils 22.3%
2006 50 fils -
2007 130 fils -
2009 60 fils -
2010 70 fils -
2012 30 fils -
2013 30 fils -
2014 40 fils -
2018 90 fils -
2019 - 8%

For more information please call Ahli Capital 1832832